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MINERALS IN N.S.W.

] BEING SUBSTANTIAL BEVENUE. While the value of mineral production in New South Wales last year was £18,623,000, constituting a record for the State, there is every indication that the returns for 1925 will be at least as satisfactory, even if they do mot eclipse the 1D24 figures (reports a Sydeny correspondent). . The main factors contributing to this splendid, result are silver-lead, coal, limestone, end cement. With the close of the year 1925 the aggregate value of the minerals produced in the State should approximate £403,500,000. Operations at Broken Bill during the year were attended with most gratifying results. The high average price for lead, silver and epelter, together with an increased tonnagcof ore raised, should result in making the value of the production for 1925 much in excess of that for the previous year, which totalled £5,607,000. All the mines along the [Broken Hill line of lode worked continuously during the year. It-is estimated that the output of coal in the State for 1925 will be about 11,000,000 tons. The highest output was in 1924, when 11,618,000 tons of coal, valued at £9,590,000 at the pit mouth, were obtained. A fresh record would probably have been created but for the dipping hold-up. The total output of the collieries in the State from the opening of the coal seams to the end 0 f1924 is 299,753,781 tons. A slight increase in gold production is anticipated, although no new discoveries of lmportta£% have ieea recorded. ______ *

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19260109.2.14.3

Bibliographic details

Auckland Star, Volume LVII, Issue 7, 9 January 1926, Page 6

Word Count
246

MINERALS IN N.S.W. Auckland Star, Volume LVII, Issue 7, 9 January 1926, Page 6

MINERALS IN N.S.W. Auckland Star, Volume LVII, Issue 7, 9 January 1926, Page 6

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